April 11, 2008
Avalon Ventures Ltd.
Bulletin: Rare metals key to energy efficient home appliances
Our recent Industry Bulletins have tended to focus on what many of
us see as new 'hi-tech' rare metals applications, such as hybrid cars,
flatscreen TVs, solar panels, and rechargeable batteries. What many of us
don't readily see are the many more familiar everyday home appliances that
now use rare metals such as the rare earth elements ("REE") to
ensure better performance. In this edition, we focus on some of these
everyday applications of rare metals.
Because of the high strength of their magnetic fields, REE magnets are
ideal for size reduction of electric motors and energy conservation. For example:
Materials science innovation, taking advantage of the unique properties of
REE, is one way that industry leaders, such as General Electric Company
("GE") will continue to bring innovative products and designs to
In early March 2008, the U.S. Department of Energy and the U.S.
Environmental Protection Agency awarded GE the ENERGY STAR Partner of the
Year "Sustained Excellence" award for the third straight year.
This award recognized GE's efforts in creating high-performance household
appliance and lighting products that help reduce non-renewable energy
consumption and protect the environment.
New energy-efficient appliances are being introduced into our lives almost
every day. For example, it was recently announced that Canadian-based
Linamar Corp, a leading automotive power train producer, has launched a
'green' lawnmower. These cordless, battery-powered lawnmowers, feature a
one-hour, re-chargeable battery life that can be optionally charged with a
solar panel. All of these technologies increasingly rely on rare metals.
Avalon is well positioned to benefit from the new demand for rare metals
from the consumer products industry through the development of its large
rare metals resources at the Thor Lake deposit in the Northwest
Territories, where a $5.0 million work program is now underway.
If you have any comments or questions, please do not hesitate to post them
on Avalon's official investor relations hub at http://www.agoracom.com/ir/Avalon
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